Severability Clauses Severability Clauses are contractual terms stating that every component of the agreement is separate from the others........
Sustainable Growth Rate Sustainable Growth Rate relates to the greatest pace of development that a firm can maintain without finding new financing by stock or debt to fund its expansion.
Recoverable Depreciation When a lawsuit is issued on a contract with replacement value coverage, Recoverable Depreciation is the proportion of the degraded sum...
Habendum Clause The Habendum Clause is a provision in deeds or rental agreements that specifies the lessee privileges, sorts of interests, as well as other legal characteristics.
Voidable Contract A Voidable Contract is a written agreement between the two parties that may be deemed invalid for a variety of legal grounds. Whenever an agreement is voidable...
Subjective Probability The possibility of something occurring solely from one person's perspective or opinion is referred to as Subjective Probability. It varies from individual to individual...
Abstract of Title An Abstract of Title, also known as a Title Abstract, is a succinct summary of the numerous acts that impact the possession of a unit of property.
Charitable Gift Annuity Charitable Gift Annuities are annuities that let the donors reap their rewards for the rest of their life. Many factors influence the quantity of your payout, including your age
Compound Probability The possibility of two or additional incidents coinciding is referred to as Compound Probability. Independent occurrences happen when the result of one event...
Absentee Owner An Absentee Owner is a person or a group who owns a property but does not live there or manage the day-to-day operation of the property.
Definition
[ n.]